Medical Billing Forum

Starting a Medical Billing Business => Starting Your Own Medical Billing Business => : billingandscanning December 12, 2011, 04:36:52 AM

: Billing vs. Collections Pricing
: billingandscanning December 12, 2011, 04:36:52 AM
I was wondering if anyone can tell me if they charge differently if they are doing the billing from
A-Z vs. just doing collections on old claims. Any help would be appreciated. Thank you.


Brenda
: Re: Billing vs. Collections Pricing
: Michele December 12, 2011, 08:42:26 AM
Absolutely.  Collecting on old claims is more work than clean billing.  We always charge differently.  Sometimes we use it as a bargaining tool to get a client to sign for clean billing, but we always charge separate/differently.
: Re: Billing vs. Collections Pricing
: ChristineS January 09, 2012, 02:04:40 PM
Always charge more for old billing. As stated above, clean billing is always easier and less time consuming. Not all the claims you work will get paid. That would be a lot of time you spent cleaning out their aging and not getting paid for.
: Re: Billing vs. Collections Pricing
: billingandscanning January 23, 2012, 12:48:06 PM
Thank you both for that information. I will remember that when I start signing clients. Thanks again.
: Re: Billing vs. Collections Pricing
: camedbill February 11, 2012, 03:47:58 PM
So what do you ladies charge for cleaning up A/R?
: Re: Billing vs. Collections Pricing
: PMRNC February 11, 2012, 04:05:34 PM
I do a full analysis before I give a price, very hard to say w/out seeing the accounts your working with. I charge hourly rate so that I get paid for all my work.
: Re: Billing vs. Collections Pricing
: Michele February 14, 2012, 02:09:08 PM
It really depends on things like how old is the A/R, what was the situation, were most claims denied and need appealing or just not billed, what payors, etc.  Like Linda we usually do a flat fee or hourly rate to make sure our time is covered.
: Re: Billing vs. Collections Pricing
: billingandscanning February 14, 2012, 04:28:20 PM
Thank you Linda and Michele for that information. It is a good thing to know ahead of time, that way I am not selling myself short.